The global GfK consumer climate index for Germany accelerated from a marginally revised -28.8 in the previous period, to -27.4, reflecting modest increases in income expectations (-15.3 vs -4.8 in March) and in economic prospects (-12.4 vs 17.4) in nearly two years. As a result, a further decline in inflation was needed for a sustained recovery of the German economy.

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The global GfK consumer climate index for Germany accelerated from a marginally revised -28.8 in the previous period, to -27.4, reflecting modest increases in income expectations (-15.3 vs -4.8 in March) and in economic prospects (-12.4 vs 17.4) in nearly two years. As a result, a further decline in inflation was needed for a sustained recovery of the German economy.

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